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Breaking Posted 1 hour ago

Warsh strikes hawkish tone at Jackson Hole; China bonds diverge

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Fed official Warsh delivered hawkish remarks at Jackson Hole, supporting market repricing for rate hikes as China's bond market decouples from US yields. The comment reinforces the three-dissent narrative from July FOMC minutes backing a 25bp hike, sharpening September rate expectations. USD strength and widening US-China yield spreads favor USD/CNY and impact risk appetite across majors.
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